Paramount’s Warner deal faces conflicting U.S., EU and U.K. reviews, while delay could add $1.7 billion to the price and risk a $7 billion termination fee.

The European Union approved Paramount's Warner Bros. Discovery takeover with specific distribution conditions. This approval clears a major regulatory hurdle for the significant…

BRUSSELS, July 23 — The European Union on Wednesday gave the conditional green light for Paramount Skydance’s US$110 billion (RM450 billion) takeover of Warner Bros....